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  1. Upcoming IPOs: Groww, Finbud Financial, Shreeji Global FMCG, Curis Lifesciences to open next week; 5 listings scheduled; check list

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Upcoming IPOs: Groww, Finbud Financial, Shreeji Global FMCG, Curis Lifesciences to open next week; 5 listings scheduled; check list

Kamal Joshi

3 min read | Updated on October 31, 2025, 16:05 IST

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SUMMARY

Upcoming IPOs: Groww parent Billionbrains Garage Ventures Ltd’s ₹6,632.30 crore initial share sale is open from November 4 to November 7. It is a fresh issuance of shares valued at ₹1,060 crore and an offer for sale of ₹5,572.30 crore.

Only one mainboard IPO will open for subscription next week. | Image: Shutterstock

Only one mainboard IPO will open for subscription next week. | Image: Shutterstock

Upcoming IPOs: At least four companies will launch their initial public offerings next week. They include a mainboard issue of Groww parent Billionbrains Garage Ventures and three SME IPOs of Shreeji Global FMCG, Finbud Financial Services and Curis Lifesciences.

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Listings scheduled for next week include Orkla India, Studds Accessories, Jayesh Logistics, Game Changers Texfab and Safecure Services.

Groww IPO

Groww parent Billionbrains Garage Ventures Ltd's ₹6,632.30 crore initial share sale is open from November 4 to November 7. It is a fresh issuance of shares valued at ₹1,060 crore and an offer for sale of ₹5,572.30 crore.

The price band has been set at ₹95 to ₹100 per share and a lot consists of 150 shares.

Under the OFS, promoters Lalit Keshre, Neeraj Singh, Ishan Bansal and Harsh Jain are each offloading up to 1 million shares. Besides, investors like Peak XV Partners Investments VI-1, Ribbit Capital V, GW-E Ribbit Opportunity V, YC Holdings II, Kauffman Fellows Fund LP and Internet Fund VI Pte Ltd are divesting their shares.

Here's how the company will utilise fresh issue proceeds
PurposeExpenditure (₹ crore)
Expenditure towards cloud infrastructure152.5
Brand building225.0
Investment in material subsidiary, GCS, for augmenting capital base205.0
Investment in material subsidiary, GIT, for funding its MTF business167.5
Unidentified acquisitions and general corporate purposesUnspecified

Founded in 2016, Groww is a stockbroker. It also offers other services like commodities, Margin Trading Facility (MTF), wealth management and loans against shares.

Shreeji Global FMCG IPO

  • Issue size: ₹85 crore (entirely a fresh issue)
  • Price band: ₹120 to ₹125 per share
  • Subscription period: Opens November 4, closes November 7
  • Listing on NSE SME: November 12
  • Lot size for individual investors: 2,000 shares

Finbud Financial Services IPO

  • Issue size: ₹71.68 crore (exclusively a fresh issue)
  • Price band: ₹140 to ₹142 per share
  • Subscription period: Opens November 6, closes November 10
  • Listing on NSE SME: November 13
  • Lot size for individual investors: 2,000 shares

Curis Lifesciences IPO

  • Issue size: ₹27.52 crore (completely a fresh issue)
  • Price band: ₹120 to ₹128 per share
  • Subscription period: Opens November 7, closes November 11
  • Listing on NSE SME: November 14
  • Lot size for individual investors: 2,000 shares
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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